DGRO vs JEPQ: Which Is the Better Dividend Stock?
As of Nov 2, 2026, JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. JEPQ offers the higher yield at 11.96%, DGRO has the higher dividend-safety score, and JEPQ looks like the better value (its fair-value estimate is 96% above its share price).
Key facts: DGRO vs JEPQ
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has the higher forward dividend yield at 11.96%, versus 1.84% for iShares Core Dividend Growth ETF (DGRO).
- As of Nov 2, 2026, SmarterDividends grades DGRO's dividend safety C (59/100) and JEPQ's C (57/100).
- By SmarterDividends' count as of Nov 2, 2026, DGRO has raised its dividend for 11 consecutive years and JEPQ for 2.
- As of Nov 2, 2026, DGRO's fair-value estimate is 66% below its share price and JEPQ's fair-value estimate is 96% above its share price, so JEPQ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DGRO vs JEPQ: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/dgro-vs-jepq
| Metric | DGRO | JEPQ |
|---|---|---|
| Forward yield | 1.84% | 11.96% |
| Annual dividend | $1.49 | $6.89 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 2 yr |
| 5-yr dividend growth | 7.1% | — |
| 5-yr total return | 55% | — |
| Dividend safety score | 59 (C) | 57 (C) |
| Fair value estimate | $27.91 | $112.94 |
| Upside to fair value | -66% | +96% |
| Frequency | quarterly | monthly |
| Market cap | — | — |
| P/E ratio | 23.1 | 26.5 |
Higher yield
JEPQ
11.96%
Safer dividend
DGRO
Grade C
Faster growth
DGRO
7.1%
Better value
JEPQ
+96% upside
DGRO vs JEPQ — FAQ
Is DGRO or JEPQ a better dividend stock?
On the data, JEPQ wins more head-to-head categories (3 vs 2). JEPQ offers the higher yield (11.96%), while DGRO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DGRO or JEPQ?
JEPQ has the higher forward dividend yield at 11.96%, versus 1.84% for DGRO.
Is DGRO or JEPQ safer?
DGRO has the higher dividend-safety score (59/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is DGRO or JEPQ better value right now?
As of Nov 2, 2026, JEPQ looks like the better value: its fair-value estimate is 96% above its share price (undervalued). For DGRO, its fair-value estimate is 66% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.